Citation:

Angeli, Khristina Yunita. "Corporate Social Responsibility (CSR) Disclosure and Bank’s Financial Performance Among BIMP-EAGA Countries" International Research Journal of Economics and Management Studies, Vol. 2, No. 3, pp. 663-672, 2023.

Abstract:

This analysis examines the bank’s financial CSR disclosure practices in Brunei Darussalam, Indonesia, Malaysia, and the Philippines (abbreviated as BIMP-EAGA). This research aimed to evaluate CSR reports against the 91 criteria established by the G4 of the Global Reporting Initiatives. The return on assets (ROA) indicates a bank’s profitability. The ubiquity of audit committees inside the financial institution demonstrates the committee’s role as a moderating factor. Thirtyfour financial institutions that were chosen to be typical of banks in BIMP-EAGA countries were evaluated for this research. The bank’s annual and sustainability reports provided the secondary data used in the investigation. The research results also show that CSR disclosure significantly impacts a bank’s bottom line. CSR disclosure may positively affect a bank’s bottom line if the audit committee monitors it. The relationship between corporate social responsibility (CSR) disclosure and economic success in BIMP-EAGA countries may be clarified by the findings of this study. This research aims to illuminate the audit committee’s possible function in establishing a causal link between CSR disclosure and the bank’s bottom lines.

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Keywords:

CSR Disclosure, Bank’s Financial Performance, BIMP-EAGA Countries.